Home Standby Gensets Global Market Report 2024

Global Home Standby Gensets Market Report 2024

Home Standby Gensets Global Market Report 2024 – By Product Type (Air Cooled, Liquid Cooled), By Fuel Type (Natural Gas, Diesel, Other Fuel Types), By Phase Type (Single Phase, Three Phase) – Market Size, Trends, And Global Forecast 2024-2033

Name: Home Standby Gensets Global Market Report 2024
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Home Standby Gensets Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 200 | Published : October 2024 | Delivery Time: 2-3 business days | Format : pdf

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Home Standby Gensets Global Market Report 2024

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Home Standby Gensets Market Definition

The home standby gensets also called generators for house usage can effortlessly transfer the process of supplying power to the home in the event of a power outage and then cease when the power is restored. It is used to provide power to households that experience regular power outages.

The main types of products in home standby gensets are air-cooled and liquid-cooled. Air-cooled is a cooling device that reduces the temperature by circulating air. The different phases include a single-phase, and three-phase and involve various fuel types such as natural gas, diesel, and other fuel types.

Home Standby Gensets Market Segmentation

The home standby gensets market covered in this report is segmented –

1) By Product Type: Air Cooled, Liquid Cooled

2) By Fuel Type: Natural Gas, Diesel, Other Fuel Types

3) By Phase Type: Single Phase, Three Phase

Global Home Standby Gensets Market Size 2023 to 2028: Graph

Home Standby Gensets Market Size 2024 And Growth Rate

The home standby gensets market size has grown strongly in recent years. It will grow from $4.46 billion in 2023 to $4.83 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to increase in power reliability, rise in extreme weather events, rise in aging electrical infrastructure, increased power dependency, increase in healthcare needs.

Home Standby Gensets Market Growth Forecast

The home standby gensets market size is expected to see strong growth in the next few years. It will grow to $6.82 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to increasing home electrification, increasing climate change and natural disasters, increasing aging population, increasing energy transition, rising energy resilience. Major trends in the forecast period include smart technology integration, natural gas and propane fuel options, enhanced transfer switches, whole-house backup, portable standby generators.

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Home Standby Gensets Market Driver: Rapid Urbanization Fuels Growth In The Home Standby Gensets Market

Rapid urbanization is expected to propel the growth of the home standby gensets market going forward. Urbanization refers to the population shifted to the urban areas. Home standby generators are directly connected to the home's electrical system and can provide continuous power for days if required. The rapid urbanization had increased the use of home standby gensets as most of the urban people will be in need of home standby gensets. For instance, according to United Nations, department of economic and social affairs, the world’s population living in urban areas is expected to project at 68% by 2050, where 90% of this increase is taking place in African and Asia regions. Therefore, rapid urbanization is driving the growth of the home standby gensets market.

Home Standby Gensets Market Driver: Residential Building Construction Boosts Home Standby Gensets Market

Rising residential building construction is expected to propel the growth of the home standby gensets market going forward. Residential buildings refer to structures specifically designed and constructed for people to live in. Residential buildings can range from single-family houses to apartments and townhouses. Home standby gensets play a crucial role in residential buildings by providing reliable backup power during outages, ensuring continuous electricity for essential appliances and security systems, and thus enhancing occupants' comfort and safety. For instance, in June 2023, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, US-based government administrations, in May 2023, there were 1,631,000 new home starts, which is a 21.7% increase from the previous month's prediction of 1,340,000. Additionally, this represents a 5.7% increase from the May 2022 rate of 1,543,000. The number of privately owned home completions in May 2023 was 1,518,000, which is 5.0% higher than the May 2022 rate of 1,446,000 and 9.5% above the previous month's estimate of 1,386,000. Therefore, rising residential building construction is driving the growth of the home standby gensets market.

Global Home Standby Gensets Market Major Players

Major companies operating in the home standby gensets market include Cummins Inc., Briggs & Stratton Corp., Generac Holdings Inc., Caterpillar Inc., Honeywell International Inc., Eaton Corporation plc, Mahindra Powerol Ltd., Powerica Limited, HIMOINSA Yanmar Company, Ashok Leyland Ltd., Kirloskar Oil Engines Limited, Siemens AG, Kohler Co. Inc., Rolls-Royce Power Systems AG, MTU Onsite Energy GmbH, DuroMax Power Equipment, Atlas Corp., Doosan Portable Power, Gelec HK Limited, Aurora Generators Inc., J.C. Bamford Excavators Limited, RID GmbH, Nationstar Mortgage Holdings Inc., JS Power Solutions Pvt. Ltd., Champion Power Equipment Inc., Westinghouse Electric Corporation, Yamaha Motor Co. Ltd., Honda Motor Co. Ltd., Subaru Corporation, WEN Products Inc., Pulsar Products Inc., Buffalo Corporation, SUMEC Group

Global Home Standby Gensets Market Trend: Strategic Partnerships And Collaborations Drive Innovation And Expansion In The Home Standby Gensets Market

Strategic partnerships and collaborations have emerged as the key trends in the home standby gensets market. Major companies operating in the home standby gensets are focused on partnerships and collaborations in order to expand their reach into new areas and become industry leaders. For instance, in February 2021, Cummins Inc., a US-based power company, and ISUZU a Tokyo-based automobile company operating in home stand-by gensets formed an agreement. Through this partnership, both firms will be able to use their capabilities to drive innovation in advanced diesel and other technology solutions. Isuzu and Cummins also signed an advanced technology agreement to collaborate on advanced engineering research for various powertrain technologies. Further, in February 2022, Sunnova Energy International Inc., a US-based provider of battery storage and system protection services partnered with Generac, a US-based company operating in homestand by gensets. Through this partnership, the companies aim to bring increased resiliency to homeowners.

Global Home Standby Gensets Market Trend: Increasing Focus On Introduction High-Power Generators

Major companies operating in the home standby generator market are increasing their focus on introducing high-power generators, such as the Guardian 26kW Home Standby Generator, to gain a competitive edge in the market. The Guardian 26kW Home Standby Generator is a backup power solution for homes. It is designed to automatically start and provide electricity to a house during a power outage, ensuring that essential appliances and systems remain operational. For instance, in October 2021, Generac Holdings Inc., a US-based company, launched the Guardian 26kW Home Standby Generator. It provides 26 kilowatts of peak power while taking up less space and offering thousands of dollars in savings compared to other competitive home standby generators. The Guardian 26kW is designed to generate unmatched power, delivering at least 28% more starting power than competing large, air-cooled products. Moreover, the Guardian 26kW is smart grid-ready, which allows customers to quickly and seamlessly connect to grid programs and offset their energy costs.

Home Standby Gensets Market Merger And Acquisition: Eaton Enhances Single-Phase Ups Business Through Acquisition Of Tripp Lite

In March 2021, Eaton, an Ireland-based power management company acquired Tripp Lite for an undisclosed amount. With this acquisition, Tripp Lite's associated product offerings will be added to Eaton's single-phase UPS business, enhancing the company's single-phase UPS business while also increasing its edge computing and dispersed IT product range. Tripp Lite is a US-based company that provides home standby gensets.

Regional Outlook For The Global Home Standby Gensets Market

North America was the largest region in the home standby gensets market in 2023. The regions covered in the home standby gensets market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the home standby gensets market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The home standby genset market consists of sales of whole house generators, portable generators, and inverter generator. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The home standby gensets market research report is one of a series of new reports from The Business Research Company that provides home standby gensets market statistics, including home standby gensets industry global market size, regional shares, competitors with a home standby gensets market share, detailed home standby gensets market segments, market trends and opportunities, and any further data you may need to thrive in the home standby gensets industry. This home standby gensets market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Home Standby Gensets Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$4.83 billion
Revenue Forecast In 2033	$6.82 billion
Growth Rate	CAGR of 9% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Product Type: Air Cooled, Liquid Cooled 2) By Fuel Type: Natural Gas, Diesel, Other Fuel Types 3) By Phase Type: Single Phase, Three Phase
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Cummins Inc.; Briggs & Stratton Corp.; Generac Holdings Inc.; Caterpillar Inc.; Honeywell International Inc.; Eaton Corporation plc; Mahindra Powerol Ltd.; Powerica Limited; HIMOINSA Yanmar Company; Ashok Leyland Ltd.; Kirloskar Oil Engines Limited; Siemens AG; Kohler Co. Inc.; Rolls-Royce Power Systems AG; MTU Onsite Energy GmbH; DuroMax Power Equipment; Atlas Corp.; Doosan Portable Power; Gelec HK Limited; Aurora Generators Inc.; J.C. Bamford Excavators Limited; RID GmbH; Nationstar Mortgage Holdings Inc.; JS Power Solutions Pvt. Ltd.; Champion Power Equipment Inc.; Westinghouse Electric Corporation; Yamaha Motor Co. Ltd.; Honda Motor Co. Ltd.; Subaru Corporation; WEN Products Inc.; Pulsar Products Inc.; Buffalo Corporation; SUMEC Group
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1. Executive Summary

2. Home Standby Gensets Market Characteristics

3. Home Standby Gensets Market Trends And Strategies

4. Home Standby Gensets Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market

4.2. Ukraine-Russia War Impact On the Market

4.3. COVID-19 Impact On the Market

5. Global Home Standby Gensets Market Size and Growth

5.1. Global Home Standby Gensets Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Home Standby Gensets Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Home Standby Gensets Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Home Standby Gensets Market Segmentation

6.1. Global Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Air Cooled

Liquid Cooled

6.2. Global Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Natural Gas

Diesel

Other Fuel Types

6.3. Global Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Single Phase

Three Phase

7. Home Standby Gensets Market Regional And Country Analysis

7.1. Global Home Standby Gensets Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Home Standby Gensets Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Home Standby Gensets Market

8.1. Asia-Pacific Home Standby Gensets Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Home Standby Gensets Market

9.1. China Home Standby Gensets Market Overview

9.2. China Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Home Standby Gensets Market

10.1. India Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Home Standby Gensets Market

11.1. Japan Home Standby Gensets Market Overview

11.2. Japan Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Home Standby Gensets Market

12.1. Australia Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Home Standby Gensets Market

13.1. Indonesia Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Home Standby Gensets Market

14.1. South Korea Home Standby Gensets Market Overview

14.2. South Korea Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Home Standby Gensets Market

15.1. Western Europe Home Standby Gensets Market Overview

15.2. Western Europe Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Home Standby Gensets Market

16.1. UK Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Home Standby Gensets Market

17.1. Germany Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Home Standby Gensets Market

18.5. France Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.6. France Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.7. France Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Home Standby Gensets Market

19.9. Italy Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.10. Italy Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.11. Italy Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Home Standby Gensets Market

20.13. Spain Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.14. Spain Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.15. Spain Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Home Standby Gensets Market

21.1. Eastern Europe Home Standby Gensets Market Overview

21.2. Eastern Europe Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Home Standby Gensets Market

22.1. Russia Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Home Standby Gensets Market

23.1. North America Home Standby Gensets Market Overview

23.2. North America Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Home Standby Gensets Market

24.1. USA Home Standby Gensets Market Overview

24.2. USA Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Home Standby Gensets Market

25.1. Canada Home Standby Gensets Market Overview

25.2. Canada Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Home Standby Gensets Market

26.1. South America Home Standby Gensets Market Overview

26.2. South America Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Home Standby Gensets Market

27.1. Brazil Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Home Standby Gensets Market

28.1. Middle East Home Standby Gensets Market Overview

28.2. Middle East Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Home Standby Gensets Market

29.1. Africa Home Standby Gensets Market Overview

29.2. Africa Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Home Standby Gensets Market Competitive Landscape And Company Profiles

30.1. Home Standby Gensets Market Competitive Landscape

30.2. Home Standby Gensets Market Company Profiles

30.2.1. Cummins Inc.

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Briggs & Stratton Corp.

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Generac Holdings Inc.

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Caterpillar Inc.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Honeywell International Inc.

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Global Home Standby Gensets Market Competitive Benchmarking

32. Global Home Standby Gensets Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Home Standby Gensets Market

34. Home Standby Gensets Market Future Outlook and Potential Analysis

34.1 Home Standby Gensets Market In 2028 - Countries Offering Most New Opportunities

34.2 Home Standby Gensets Market In 2028 - Segments Offering Most New Opportunities

34.3 Home Standby Gensets Market In 2028 - Growth Strategies

34.3.1 Market Trend Based Strategies

34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations

35.2. Currencies

35.3. Historic And Forecast Inflation Rates

35.4. Research Inquiries

35.5. The Business Research Company

35.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Home Standby Gensets Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Home Standby Gensets Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Cummins Inc. Financial Performance

Table 75: Briggs & Stratton Corp. Financial Performance

Table 76: Generac Holdings Inc. Financial Performance

Table 77: Caterpillar Inc. Financial Performance

Table 78: Honeywell International Inc. Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Home Standby Gensets Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Home Standby Gensets Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Home Standby Gensets Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Home Standby Gensets Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Home Standby Gensets Market, Segmentation By Phase Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Cummins Inc. Financial Performance

Figure 75: Briggs & Stratton Corp. Financial Performance

Figure 76: Generac Holdings Inc. Financial Performance

Figure 77: Caterpillar Inc. Financial Performance

Figure 78: Honeywell International Inc. Financial Performance

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Frequently Asked Questions

What is the definition of the home standby gensets market?

How will the home standby gensets market drivers and restraints affect the home standby gensets market dynamics? What forces will shape the home standby gensets industry going forward?

The home standby gensets market major growth driver - Rapid Urbanization Fuels Growth In The Home Standby Gensets Market. For further insights on the home standby gensets market, request a sample here

What is the forecast market size or the forecast market value of the home standby gensets market?

The home standby gensets market size has grown strongly in recent years. It will grow from $4.46 billion in 2023 to $4.83 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to increase in power reliability, rise in extreme weather events, rise in aging electrical infrastructure, increased power dependency, increase in healthcare needs. The home standby gensets market size is expected to see strong growth in the next few years. It will grow to $6.82 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to increasing home electrification, increasing climate change and natural disasters, increasing aging population, increasing energy transition, rising energy resilience. Major trends in the forecast period include smart technology integration, natural gas and propane fuel options, enhanced transfer switches, whole-house backup, portable standby generators. For further insights on the home standby gensets market, request a sample here

How is the home standby gensets market segmented?

The home standby gensets market is segmented
1) By Product Type: Air Cooled, Liquid Cooled
2) By Fuel Type: Natural Gas, Diesel, Other Fuel Types
3) By Phase Type: Single Phase, Three PhaseFor further insights on the home standby gensets market, request a sample here

Which region has the largest share of the home standby gensets market? What are the other regions covered in the report?

North America was the largest region in the home standby gensets market in 2023. The regions covered in the home standby gensets market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on the home standby gensets market, request a sample here.

Who are the major players in the home standby gensets market?

What are the key trends in the home standby gensets market?

Major trend in the home standby gensets market - Strategic Partnerships And Collaborations Drive Innovation And Expansion In The Home Standby Gensets Market. For further insights on the home standby gensets market, request a sample here.

What are the major opportunities in the home standby gensets market? What are the strategies for the home standby gensets market?

For detailed insights on the major opportunities and strategies in the home standby gensets market, request a sample here.

How does the home standby gensets market relate to the overall economy and other similar markets?

For detailed insights on home standby gensets market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the home standby gensets industry?

For detailed insights on the mergers and acquisitions in the home standby gensets industry, request a sample here.

What are the key dynamics influencing the home standby gensets market growth? SWOT analysis of the home standby gensets market.

For detailed insights on the key dynamics influencing the home standby gensets market growth and SWOT analysis of the home standby gensets industry, request a sample here.